The bill modifies the conditions for the use of funds generated from special license plates in Washington State by reenacting and amending RCW 46.68.420. It specifies that the Department of Licensing will collect special license plate fees, deducting a maximum of $12 for initial issues and $2 for renewals to cover administrative costs. The remaining proceeds will be remitted to the state treasurer, who will allocate the funds to various accounts based on the specific purposes outlined for each special license plate, such as supporting 4-H programs, cancer research, scholarships, and youth mentoring programs.

Additionally, the bill includes several updates to the allocation percentages for certain programs, ensuring that a minimum of 90% of funds received by the Washington State Leadership Board from the Seattle Seahawks and Seattle Mariners accounts must be directed towards fellowships and services for youth participants, respectively. The bill also clarifies that only the director or their designee may authorize expenditures from these accounts, which are subject to allotment procedures but do not require an appropriation for disbursement. Overall, the bill aims to enhance the effectiveness and transparency of how funds from special license plates are utilized for community benefit.